John T.
Stressing about rent and tenants
Hey All,New landlord here. I have bought 3 duplexes in the past 2 years. To this point I have been lucky in that no one owes me any money and I haven't had to file for an eviction. On the other hand, I can't stop worr...
Shelby Regner
Is starting with a 12-unit building unadvisable?
I'm still a year or so away from making my first investment and will spend the next several months learning more... but it seems everyone want you to 'cut. your teeth' on a single-family/smaller number of units. Yet, ...
Nicholas Nakamura
Investing in Ohio-Specifically Section 8
Hello everyone!New here to the forum and I am currently looking to invest in Ohio for the purpose of providing section 8 housing. I have about 1$110K to invest, and I am looking to invest in the next few months. Any...
Vasundhara Ranjani
Class A vs Class B vs Class C Properties - Pros & Cons
As the title suggests, what are the pros and cons of investing Class A vs. B vs. C properties?I understand that A properties might be less 'headache' due to better tenants but if it's all about the cash-flow, wouldn't...
Adam Bartomeo
Are You a Multi Family Sheep Being Lead to the Slaughter
Years ago I learned that when everyone is headed in a direction that you need to pay close attention to what is going on to avoid pitfalls. When my chiropractor started telling me that he was going to buy two rentals ...
Brandon Handel
Is it stupid to have my name in my LLC?
My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...
Jim L.
Foreclosure that is set to be auctioned off
If a property is in foreclosure and set to be auctioned off, is it still possible to contact the owner of the property, pay off the remaining debt and obtain the property before it goes to auction? Or once it is in f...
Gary Baker
1%-2% rental rule of thumb
Hi Bigger Pockets - long time lurker.Part of my procrastination in buying SFR rentals in 2016 has been that my calculations show negative returns, thus no cash flow. The DFW market heated up rapidly in 2013-2016 and h...
Pedro L.
Siding Contractor No show, refuses to return deposit (Illinois)
A contractor hired to replace siding in a relative's rental didn't show up. My relative requested her deposit back and they refused. They made the mistake of handing over the 1st half of the insurance check which t...
Account Closed
Prospective tenants aren't returning applications
Hi. This is the first time I've formally tried to rent out my duplex (I bought it with tenants and a friend moved in after that). I live in one side.
I have shown my rental to about 20 people within a couple of weeks...